ArabFinance: Arabian Cement Company (ARCC) suffered a consolidated net loss of EGP 23.21 million during the first nine months of 2021, compared to EGP 39.77 million in the same period of 2020, the company announced in a statement to the Egyptian Exchange (EGX).

Standalone net loss reached EGP 24.53 million by the end of September 2021, compared to EGP 38.25 million in September 2020.

During the first half of 2021, the company incurred a consolidated net loss after tax of EGP 23.28 million, compared to EGP 5.63 million in the corresponding period of 2020.

Arabian Cement is an Egypt-based company engaged in the manufacture of cement and concrete. Its products include clinker and ready-mix concrete, in addition to Al Mosalah, Al Tahrir, and El Sadd cement.

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